News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
NVIDIA Corporation (NASDAQ:NVDA) is weighing a step that would have seemed unthinkable a year ago: shipping its next-generation Rubin Ultra GPU with less memory than originally promised. According to The Information, the company has been testing at least three versions with reduced high-bandwidth memory, some as low as 192GB to 256GB, well below the 1 […]
Big Tech rivals are increasingly buying AI from each other
On August 5, Meta Platforms, Inc. (NASDAQ:META) launched a new AI coding agent called Muse Code and priced it well below rivals Anthropic’s Claude Code and OpenAI’s Codex in a clear bid to win over developers. The release landed the same week. Reuters reported that a separate Meta AI model exploited a security vulnerability during […]
Bernstein says strong growth and early monetization keep the risk-reward attractive.
Friday's rebound suggests the market is separating an enormous legal threat from Meta's still-explosive advertising growth.
Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg published a lengthy letter on August 10 making the case that artificial intelligence should be spread broadly rather than controlled by a handful of companies or governments. He also announced that Meta will start releasing open-source AI models again. Around the same time, the Wall Street Journal reported […]
The per-unit delivery cost that management once led with is now the CFO's line, and the comparison it rests on carries a fuel and line haul exclusion, while the top of the story belongs to the cloud.
"Content posted by friends has become a small fraction of the content that users see on Facebook and Instagram -- less than 15% of posts in Facebook's news feed and 5% on Instagram's feed," Meta tells a federal appellate court.
The Dutch privacy regulator says Uber violated E.U. rules by using software alone to deactivate driver accounts, with no human review
(Updated with response from Meta spokesperson in the seventh paragraph.) Meta Platforms (META), A
Corning (NYSE: GLW) has secured multi-year, multi-billion-dollar supply agreements with Meta and Zayo for advanced optical fiber solutions tied to AI data center and network buildouts in the US. The Meta deal focuses on high-capacity optical connectivity for next-generation AI data center infrastructure. The Zayo agreement centers on supplying optical fiber for large scale US network deployments that support AI driven traffic. These contracts signal a new phase for Corning as a key supplier...
Nscale is seeking to raise as much as $3 billion in its US IPO, according to people familiar with the matter, joining a rush of artificial intelligence data center companies tapping public market investors.
Wolfe Research just handed Nebius Group one of the most aggressive growth targets in AI infrastructure, and the building blocks behind it are harder to dismiss than you might expect.
Uber Technologies Inc. has been fined €825 million ($963 million) by Dutch authorities for using automated systems to suspend driver accounts, in what is the second-largest penalty under the European Union’s General Data Protection Regulation.
The rest of tech just helped the Nasdaq overcome a chip stock slump. The tech-heavy Nasdaq Composite index was back up 0.6% after turning lower earlier in the session. The Dow Jones Industrial Average was up 422 points, or 0.8%.
Yahoo Finance Executive Editor Brian Sozzi and Tech Editor Dan Howley look back at Tim Cook’s tenure as Apple (AAPL) CEO, a period that saw the company generate roughly $32 million in growth per hour. They also look ahead to incoming CEO John Ternus and what it will take to keep Apple’s growth engine firing.
META's 17% YTD drop reflects rising AI costs, weaker cash flow and higher debt, even as AI lifts engagement and ad efficiency across its platforms.
(Updated with response from Google spokesperson in sixth paragraph.) Meta Platforms (META), Alpha
SpaceX just handed NVIDIA a high-profile win by locking in 20% of its next platform, leaving AMD without a flagship logo at the worst possible moment. The real question is whether this signals a crack in Lisa Su's ambitions or just the cost of competing in a market built on scarcity and politics.
The penalty could become the second-largest ever under GDPR.
His Duquesne Family Office opened a position in Reddit in the second quarter.
After 26 years locked at the same price, QQQ finally cut its fee, and it still costs twice as much as its closest rival. Whether that gap matters depends on a distinction most investors have never thought to make.
Meta Platforms (NasdaqGS:META) has become one of Microsoft's largest AI customers, according to recent internal discussions. The company is exploring a new API business that could let external developers tap Meta's own AI infrastructure. The plan aims to reduce Meta's reliance on outside vendors while creating a potential revenue stream from its internal compute stack. The shift highlights how large tech groups are rethinking AI infrastructure partnerships and in house capacity as of August...
(Updated with response from Snap spokesperson in fifth paragraph.) Meta Platforms (META), Alphabe
Broadcom stock is down 24% from its record closing high in early June but Wall Street believes the AI spending cycle will again send shares higher.
The Dutch Data Protection Authority (AP) has decided to fine Uber €825 million ($966 million) under European data protection rules for deactivating driver accounts through automated systems without adequately informing them, according to an August 17 decision reviewed by Reuters. The penalty would be the second-largest ever issued under Europe's General Data Protection Regulation, behind a €1.2 billion fine imposed on Meta by Ireland in 2023 for unlawfully transferring European Facebook users' data to the United States, which Meta is appealing. Uber said it would also appeal.